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Replying to Avatar Lyn Alden

Many bitcoiners think establishment powers are now in the "and then they join you" phase of the struggle.

I don't. I think they're more entering the earlier "and then they fight you" phase.

Or more specifically, they are happy to join in on the price exposure side (i.e. ETFs), but they are fighting against privacy (especially) and self-custody (to some extent). The struggle for financial privacy, custody, and overall self-autonomy is just heating up.

The gradual shift of critics from "bitcoin is a useless speculative asset with no intrinsic value" to "bitcoin is so powerful that direct usage of it must be curtailed" can be dangerous.

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VEN 1y ago

I don't think they are fighting to be honest. Most bitcoiners mentality does it for them. If you read the white paper then look at how much the majority has strayed, they are already playing along with the agenda.

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